HomeMy WebLinkAboutResolution - 528 - URA Land Acquisition-Faith First Baptist Church-Public Park, Lake 6 YCL Project - 06/12/1980WMM:pc
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RESOLUTION #528 - 6/12/80
A RESOLUTION AUTHORIZING THE ACQUISITION OF A CERTAIN PARCEL OF LAND FOR
THE PURPOSE OF PUBLIC PARK DEVELOPMENT IN THE YELLOWHOUSE CANYON LAKES PROJECT;
AUTHORIZING THE INSTITUTION OF CONDEMNATION PROCEEDINGS AS REQUIRED.
WHEREAS, it has been determined by the City Council that a certain parcel
of land located in the vicinity of Lake 6 in the Yellowhouse Canyon Lakes
Project within the City of Lubbock, Lubbock County, Texas, should be acquired
and developed for public park purposes; and,
WHEREAS, the Department of Housing and Urban Development (HUD) has
contracted with the City of Lubbock to provide funds through the Community
Development Program to aid in the development of such a project; and,
WHEREAS, it is necessary to acquire for public park purposes the fee
simple title to the land hereinafter described, owned by Faith First Baptist
Church; and,
WHEREAS, the City Council has caused two appraisals to be made of said
land and the value and total damages, if any, to the owner, and all others
whose interest may appear, for fee simple title to said land has been appraised
and the City Council finds the price offered to be fair and equitable; NOW
THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City of Lubbock acquire for the purposes of developing a public
park the fee simple title to the land lying and being situated in Lubbock
County, Texas, and described as follows, to -wit:
Parcel No. 99600-895-350: (See attached Legal description)
Purchased Price - $1,200.00 (One Thousand Two Hundred and No/100
Dollars)
THAT the owner, and all others whose interests may appear, be offered
through the Urban Renewal Agency of the City of Lubbock, Texas, the amount
established as the fair market value and total damages, if any, for fee simple
title and acquisition of said land for the purposes herein stated, for the use
and benefit of the City of Lubbock, being the amount hereinabove stated, and
that unless accepted forthwith the City Attorney is hereby authorized and
instructed to institute condemnation proceedings for and on behalf of the City
of Lubbock to acquire fee simple title to said land, as hereinabove described,
for public park purposes.
Passed by the City Council this 12th day of June , 1980.
BILL c I T R, MAYOR
ATTEST:
&4� -
Evelyn Ga ga, City a ry-Treasurer AXwovodaslofem:
APP OVE AS TO CONTENT: `�L%=i-��o-C41i�
' Assistant City Attorney
Vicki Foster, Community Development Coordinator
O
A tract of land located in Section 4, Block "0", and in Section 3,
Block "B",* Lubbock County, Texas, being the same tract heretofore
conveyed to Faith First Baptist Church in Volume 1122, Page 255, dated
March 24, 1967, being further described as follows: BEGINNING at a
3/8" iron rod (found) at the Southeast corner of a 3.061 acre tract
heretofore conveyed to Marcelano DeLeon in Volume 1398, Page 203,. said
rod bears N. 8958'30" E., 1828.28 feet and S. 00°07'55" W. , 203.31
feet from the Southwest corner of Section 4, Block "0", and the Northwest
corner of Section 3, Block "B", Lubbock County, Texas, said rod also
being in the North line of a 199.02 acre tract heretofore conveyed to
-the City of Lubbock in Volume 1308, Page 129, £or the Southwest corner
of this tract; THENCE N. 00°07'55 " E., along the East line of said
3.061 acre tract, a distance of 308.36 feet to a'.1/2" square metal
tube (set) for the Northeast. corner of said 3.061 acre tract, and for
the Northwest corner of this tract; THENCE S. 72°28'04" E. a distance
of 93.05 feet to a 3/8". iron rod (found) at the Northwest corner of a
0.399 acre tract heretofore conveyed to Sylverster Robinson in Volume
985, Page 605, for the Northeast corner of this tract; THENCE, S.
00006113' W., along the West line of said 0.399 acre tract, a distance
of 98.62 feet to a 3/8" iron rod (found) for a West corner of said
0.399 acre tract and for an East corner -'of this tract; THENCE S.
89'58130" W., along a common line of said 0.399 acre tract and this
tract, a distance of 3.00 feet to a 3/8" iron rod (found) for a West
corner of said 0.399 acre tract and for an East corner of this tract;
THENCE S. 00041130" E., along the West line of said 0.399 acre tract,
a distance *of 182.25 feet to a 1/2" square metal tube (set) for the
Southwest corner of said 0.399 acre tract, said tube also being in the
North line of said 199.02 acre tract, for the Southeast corner of this
tract; THENCE N. 8938144" W., along the North line of said 199.02
acre tract, a distance of 86.50 feet to the Point of Beginning.
JUN 2 198D ACQUISITION APPRAISAL REVIEW
PARCEL NO. 99600-895-350 PROJECT NAME Yellowhouser-halve 6: 5th Year C.D.
ADDRESS East 19th Street near Vanda Ave.
OWNER (s) Faith First Baptist Church; Granville Wallace Trustee
TENANT (s) Vacant site
LEASEHOLD No
LEGAL DESCRIPTION: See attachment for metes and bounds description.
1. Acquisition appraisal received........... ............... _ May 6. 1980
(Date)
2. All corrections by appraiser. completed ..................... May 27, 1980
3. Appraisal is adequate and acceptable.. ....... .. .. Yes
•4. On-site inspection of property.............................:May. 16, 1980
(Date)
5. Person accompanying review appraiser ....................... None
6. On-site inspection of comparables .......................... May 13th & 16th, 1980
(Date)
7. Any report of unlawful condition or occupancy.............. No
S. Basis for conclusion as to fair market value: Approval of the appraiser's valuation is
based on my.inspection of the property and review of the appraisal report.
In my opinion the final estimate is $ 1,200.00
I hereby certify that I have no interest, present or contemplated,. in the property; and to
the best of my knowledge and belief, all statements and information in this report are true
and correct, and no important facts have been withheld or overlooked.
May 28, 1980
DATE PPRA
Harold L. Kelly,
-1-
Buildings & Structures
APPRAISAL
REVIEW APPRAISAL
(Whole Taking)
Valuation
Valuation
1. None
None
None
2•
3.
4.
Garage .......................
Fence ........................
Landscape ...................
Cellar...... ...............
Other....... .. .........
Other........................
Other .......................
Fixtures... ..............
Tenant -Owned Building, Structure,
Fixture & Other
1.
2.
Land.... ............... .589 ac.
10200
1,200
TOTAL :...........................
1,200
$ 1,200
Partial Taking
Whole Property
Part Taken
Remainder Before
Remainder After
Damages
TOTALTAKING AND DAMAGES :....................
-2-
APPRAISAL REPORT FOR THE CITY OF LUBBOCK
Project Yellowhouse, Lake 6, 5th Year C.D.
Parcel Number 99600-895-350
Property Address East 19th Street near Vanda Avenue and on edge of Yellowhouse Canyon
Interest Appraised Fee Simple
Property Owner Faith First Baptist Church; Granville Wallace, Trustee
Date of Appraiser's Inspection 4-1-80
Owner or Representative Accompanying Inspection none
.Owners Not Present at Inspection Faith First Baptist Church, Granville Wallace, Trustee
Limiting Conditions of.the Appraisal
(1) That the title is good and marketable, (2) that no responsibility is assumed by
the Appraiser for legal matters, especially those affecting the title to the property,
(3) that the legal description of the property and the interest therein to be appraised,
furnished to the Appraiser by the Agency, is correct, and (4) that no survey of the
property has been made.
The Undersigned Hereby Certifies:
(1) That I personally made'a thorough inspthe property, (2) that, to the
�
best of my knowledge and belief, everythinqa in the report is true and no
.relevant and important fact has been omitted, (3) that neither my employment nor my
compensation is contingent on the valuation reported, and (4) that I have no past,
present, or prospective interest (including that of real estate agent or broker) in
the property, the parties involved,,or any other interest that would conflict in any
way with the services performed or the making of an impartial report, (5) that I will
disregard any decrease or increase in the fair market value of the real property to
be acquired (or the entire property of the owner in the case of a partial taking)
prior to the date of valuation caused by the public improvement or project for which
the property is to be acquired for such improvement or project, other than that due
to physical deterioration within the reasonable control of the owner. In the case of
a partial taking, using the before -and -after method of valuation, my opinion of the
value of the remaining not -to -be acquired portion of the property does not reflect
any increase or decrease in value attributable to the project, (6) that my analyses
and opinions of property value does not reflect any consideration of or allowance for
the relocation assistance and payments provided under Title II of the Act.
It is my opinion that the fair market value of property to be acquired is $1,200
as of 4-1-80
_ A' ri i 24, 1980
Date Ji . (;o dard, M.A.I.,S.R.P.A
The purpose of this appraisal is to estimate the market value of the
property. The property rights appraised are fee simple with the exception -
of mineral interests.:'
Function df.ft5ftital
..This appraisal is required by the City of Lubbock for.its guidance
in making fair and impartial determinations of fair market value and
the just compensation to be offered to the property owner.
Ownership
Faith First Baptist Church
Granville Wallace, Trustee
2020 East 28th Street
Lubbock, Texas
PurDose and StbDe Of A00rAis6l
The purpose of this appraisal is to estimate the market value of the
property. The property rights appraised are fee simple with the exception -
of mineral interests.:'
Function df.ft5ftital
..This appraisal is required by the City of Lubbock for.its guidance
in making fair and impartial determinations of fair market value and
the just compensation to be offered to the property owner.
Ownership
Faith First Baptist Church
Granville Wallace, Trustee
2020 East 28th Street
Lubbock, Texas
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Definition of Market Value
The term "market value," as used in this appraisal, is defined
in the book entitled REAL ESTATE APPRAISAL TERMINOLOGY, first
printing, 1975, on page 137 as follows:
-:,The highest price in terms of money which a property will bring
`-in a competitive and open market under all conditions requisite
to a fair sale, the buyer and seller, each acting prudently,'
knowledgeably and assuming the price is not affected by undue
stimulus.
Implicit in this definition is.the.consummation of a sale as of
a specified date and the passing of title from seller to buyer
under conditions whereby:
1. Buyer and seller are typically motivated.
2. Both parties are well informed or well advised,
and each acting in what he considers his own best
interest.
3. A reasonable time is allowed for exposure in the
open market.
4. Payment is made in cash or its equivalent.
5. Financing, if any, is on terms generally available
in the community at the specified date and typical
for the property type in its locale.
6. The price represents a'normal consideration for the
property sold unaffected by special financing amounts
and/or terms, services, fees, costs, or credits incurred
in the transaction.
No Text
A tract of land located in Section 4, Block "0", and in Section 3,
Block "B", Lubbock County, Texas, being. the same tract heretofore
conveyed to Faith First Baptist Church in Volume 1122, Page 255, dated
March 24, 1967, being further described as follows: BEGINNING at a
3/8" iron rod (found) at'the Southeast corner of a 3.061 acre tract
heretofore conveyed to Marcelano DeLeon in Volume 13.98, Page 203, said
rod bears N. 89"58'30" E., 1828.28 feet and S. 00"07'55" W., 203.31
feet from the Southwest. corner of Section 4, Block "0", and. the Northwest
corner of Section 3, Block "B", Lubbock County, Texas, said rod also
being in the North line �of, a 199.02 acre tract heretofore conveyed to
-the City of Lubbock in Volume 1308, Page 129, 'for the Southwest corner
of this tract; THENCE N. 00°07155" E., along the East "line -of said
3.061 acre tract, a distance of 308.36 feet to a'.1/2" square metal
'tube (set) for the Northeast corner of said 3.061 acre tract, and for
the Northwest corner of this tract; THENCE S. 72°28'04 " F. a distance
of 93.05 feet to a 3/8" iron rod (found) at the Northwest corner of a
0.399 acre tract heretofore conveyed to Sylverster. Robinson in Volume
985, Page 605, for the Northeast corner of this tract:; THENCE S.
00"06113" W., along the West line of said 0.399 acre tract, a distance
of 98.62 feet to a 3/811 iron rod (found) for a West corner of said
0.399 acre tract and for an East corner of this tract; THENCE S.
89*58130" W.', along a common line of said 0.399 acre tract and this
.tract, a distance of 3.00 feet to 'a 3/8" iron rod (found) for a West
corner of said 0.399 acre tract and for an Fast corner of this tract;
THENCE S. 00"04'30" E., along the West line of said 0.399 acre tract,
a distance of 182.25 feet to a 1/2" square metal tube (set) for the
Southwest corner of said 0.399 acre tract, said tube also being in the
North line of said 199.02 acre tract, for the Southeast corner of this
tract; THENCE N. 89"38144" W., along the North line of said 199.02
acre tract, a distance of 86.50 feet to the Point of Beginning.
�.�yR"'mi`," a'4, �'.+ A�`'�.:�?,�.;�G�r 'xeg'a, � T:'"'ry.mY�6 d : y"� - .i(, Kiiis �-ey to :� h. r waw.,. a '�pai- x ,p '.5` `i' $ ♦ 'is,. r _a., . .aS ..w ,.
ti.a'•Auaa"f� .y<, �'�, 4 .i� �'t` ., saoar aa, a�. i` � ..*-. T <'C '�.r� '7-'n,?:�i, es. _ c!4 py .. "� a n,:��X�'�i: � '�r�..}5 r'S`%'. � .%' ,ala. l E..a'„.: � r ".F #r 5 u .� t s-,.
Neighborhood Analysis
The subject property is situated in a neighborhood that is located
` in.the east part of the City of Lubbock. The neighborhood area is
defined as the area generally shown on the following Neighborhood
Hap. The map also shows the general land uses and the location of
subject property.
This neighborhood has experienced very little growth in recent
years. No significant new construction has been observed in recent
years. Deed records indicate that market activity has been very
slow. The purchase of the Canyon land and its development into a
park has been the most significant change in the neighborhood in
recent years.
This neighborhood is ,located about 3 miles southeast of downtown
Lubbock and in the opposite direction from the main residential
and commercial growth direction of the city which is southwest.
This neighborhood has an ample supply of vacant land if the demand
for residential development should be generated.
Most of the housing in the area is modest to very modest in price
class and are typically occupied by lower income families.
.d� t # �• P� �` � a ro"N.'��R c"'` � r��� �$ '� x,�. y,,. K��.'?' i"'A ' ae+x .xh+..."•i .$"'} �'-,... '•LTs `5'S` �:Y'< � s ;s_.'s"e _.,
7 F� T 7
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USE
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6 ..a..,.,.••,,iid0 r •, '�•1 ..1^'1 .L I.1 1 1. 1. 1. H•IK1. t l _
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Descrietion'bf'Improvements
The property is,vacant and unplatted land. "The only improvement is
some scrap fence which does not add any significant value to the
property.` City water or sewer pro rata expense has not been paid.
Site Data
Thts tract lts-•0.589 acres in size with dimensions as can be observed
from the -following site sketch. `'The site fronts to East 19th Street,
which is,paved but without curb or .gutter. The tract is situated along
the rim of the Yellowhouse Canyon. The north approximate two-thirds of.'
the tract is fairly level land fronting to East 19th Street. The south -
one -third of the tract is rough sloping land falling off into the canyon.
No significant adverse easements or encroachments were noted at the
time of the appraisal inspection. The HUD flood hazard map does not
include this tract in a flood area. The north tip of the tract is zoned
R-2, Two Family Residential, but the south and major part of the tract
is zoned R-1, Single Family Residential.
City water and sewer would be available after platting and payment of
pro rata expenses. Other utilities are also available.
SITE SKETCH
ID
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69.00'
THIS PUINT SEARS N69"56'30'E
1979.2VAND SUU'UI.36-E 204 31'FROM
THE WMTHWEST CORNER OF SECTION 3
BLOCK B. ANG THE SOUTHWEST. CORNEtit
OF SECTK)N 4.BtOCIt U, SAME BEING THE InIn
SOUTHEAST CORNER OF A CERTAIN TRACT
CONVEYED B1 WILEY /UCKETT TO CALLM -
ELLI6TON 9r VOL. 120. PB. 631
3.159 ACRE TRACT
DESCRIBED IN VOL. 1032. PG. 66
Dovid F. Trornmel to' Woodrow Lockhn
Oecembsr 9, 1964
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!:. it - � z„yi7Tp.`-`.�'r `�#,.7�.+ �, '.�` 4x Fsl'� s^��YP S'}� i9��' `h i`� ''�Ni` �.,��r snYr..w�tr. ytt i.: r_„�, °>a .a "�§.'w i.'^�n _..,�a rf�a�� w� ;� x x•: ,�-c �._.
Taxes
Agent Asgessed Value Tax Amount
City and School Exempt as a
State and County Church
Use and Occupancy
The land was -vacant at the time of the appraisal inspection and without
any existing use.
Rants l InformA ti on
None known.
WWI Operating Costs
hoes not apply.
Highett'and Best'Use
The highest and best use of subject property is for single family
C residential use.
'srYir'§k7 t' cin:[j w.t�.n .:,��'�''.• :C"a"i"Y ''<r.ii t.be7
ii"' _iS,.L`$ .q,.:
M T�2.-.-i'..
Valuation of Property
The subject property is vacant except for the minor improvements which
are-.not:considered to have any contributory value. The only.meaningful 9.
approach to value is.the direct comparison approach. The most pertinent
comparables from the Market Data Supplement are summarized as follows:
Land Sale Pro Price Indicates _
# Date Acres Zoning Rata- Per Acre For Subject._
1 4=78 1.0 R-1 No $2,400 below -$2,400
2 12-72 4.29 R-1 No 1,165.50 above $1,165.50 :...
3 .. , . " 11-77 0.73 R-1 No 2,054 about $2,054
4 2-78 . 0.152 R-1 Yes 3,947 below $3,947
i
Offer #1 current 1.0 R-1 Yes 2,500 below $2,500
Subject --- 0.589 R-1 No ---- ----
Subject is rated inferior.to Sale No'. 1 because of the sale's better.topo-
graphy. Subject i -s rated better than Sale No. 21due to the sale's larger
size and old sale date. Sale No. 3 is rated about even with subject. It
had better topography but it also had an unpaid paving lien. Sale No. 4
is rated better than subject due to its smaller size and pro rata expense.
Offer No. 1 is rated better than subject due to a better location.
In„ the final analysis -a price of $2,000 per acre was concluded as the most
likely sale price for the subject property.
0.589 acres $2,000 = $1,178
"say"
Final Estimate of Value $1,200
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MARKET DATA MAP °Mf_
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ASSUMPTIONS AND CONTINGENT CONDITIONS
The appraiser assumes:
1. That the legal description furnished is correct.
2. That the title to the property is good.
3. That the property is free and clear of all liens.
40 That the property will be properly maintained.
This report is submitted subject to the following limiting conditions:
1. That no guarantee is made as to correctness of information,
estimates, or opinions furnished by others and used in
making this appraisal.
2. That no liability is assumed on account of inaccuracies
or errors in such information, estimates, or opinions.
3. That no liability is assumed on matters of a legal
character affecting the property, such as title defects,
over -lapping boundaries, etc., and no right to expert
testimony unless adequate arrangements for fees are made.
4. The appraisal fee is not, in any sense, contingent upon
anything other than delivery of this report.
4
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RESTRICTIONS UPON DISCLOSURE AND USE
1. Disclosure of the contents of these appraisal reports is
governed by the By -Laws and Regulations. of the American
Institute of Real Estate Appraisers of the National
Association of Real Estate Board.
2. Neither all nor:any part of the contents of these reports
(especially any conclusions as to value, the identity of
the appraiser or the firm with which he is connected, or
any reference to the American Institute of Real Estate
Appraisers or to the Society of Real Estate Appraisers
or to the M.A.I.'or S.R.P.A.' designation) shall be
disseminated to the public through advertising media, public
relations media, news media, sales media or any other public
means of communication without the prior written consent and
approval of the undersigend.
rca..'Ycrti?,`., ,'S^x� 2" ..'° a i.sn`,E7 '••< YS �:an ..4t�s4' ,�` aa` 4a%kr s4r.,'.ti }''. _!=6`^1.,.
'^�•. �x�', r ✓�h' , -. � ,.� i � �w,: ; ;-.d 5 `�taa. � ....`lr,
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QUALIFICATIONS OF JIM14Y J. GODDARD, M.A.I.,S.R.P.A.
Education:•
Professional Recognition Award, presented by the American
Institute of Real Estate Appraisers for the years 1980, 1981,
and 1982. _
Texas Technological University
BBA Degree, 1963
Major: Finance Option: Real Estate and Insurance
Successfully completed Appraisal Course by Texas Highway
Department, Austin, Texas 1964
Successfully completed Examination I, Case Study Course II,
and Course VIII, American Institute of Real Estate Appraisers
Positions"Heldz
Owner - Goddard and Associates - presently, Lubbock, Texas
Manager - Property Evaluators, Inc. - 1966 - San Angelo, Texas
Review and Staff Appraiser - Texas Highway Department - 1963
to 1966, Odessa, Texas
President - South Plains Chapter - Society of Real Estate
Appraisers, 1974 - 1975
Member - 1973 Young Men's Council - Society of Real Estate
• Appraisers, 1976 - 1977
Instructor - Texas Tech University
Lubbock Christian College
F�aS°`.e3-�m,�!'n.'C��-,'-w�`^3:•Y�;_"1"r.s�i�.¢'n��,�,c¢w�.ta,vstrs[st�i�'si,'ie:�1;�sni6a"SYyi F —.... f
Memberships
Member of American'Institute of Real Estate Appraisers
Senior Real Property Appraiser - Society of Real Estate Appraisers
Real Estate Broker's License - Texas Real Estate Commission
National Association of Realtors
Texas Association of Realtors
Lubbock Board of Realtors
Partial'List of Clients:
Texas Highway Department
Ci ty of Lubbock
Veteran's Administration
Secretary of Housing and Urban Development
Republic National Bank of Dallas- Trust Department
Lubbock National Bank
First national Bank of Lubbock
First Federal Savings and Loan Association
First Texas Savings Association of Lubbock
State Savings and Loan Association
West Texas Savings Association
Sentry Savings Association
Mortgage Guaranty Insurance Corporation
Herrill Lynch Relocation Management Corp.
PMI Mortgage Insurance Company
West Central Investment Corporation
Lutheran Mutual Life Insurance Company, Waverly, Iowa
Phillips Petroleum Company
Gulf oil Company
Continental Oil Company
Sun Oil Company
Texaco, Inc.
Great Southwestern Life Insurance Company, Houston, Texas
Southwestern Bell Telephone Company
The Western Company
Texas Instruments, Inc.
Texas International Company
Southwestern Life, Dallas
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